Community banking
Community banking
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Bank of Commerce in Sarasota, Fla., will change hands following a bankruptcy auction.
October 6 -
The Massachusetts banker is honored for her commitment to financial education and entrepreneurship.
October 6 -
Large banks aren't the only financial institutions producing up-and-coming executives. Five executives on American Banker's list of Women to Watch hold key positions at banks with less than $30 billion in assets.
October 6 -
Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy the assets and certain liabilities of a wealth management firm in Vermont.
October 6 -
Salem Five Bancorp has agreed to buy Georgetown Bancorp in a deal that will combine two Massachusetts banks.
October 6 -
Banks must work to attract a diverse workforce through recruiting efforts, and to close the retention gap that sees institutions lose a higher percentage of women leaders compared to those who are men.
October 6 -
The 1.35% delinquency rate was the lowest since at least 2001, and it marked nearly four years of delinquencies below the 15-year average of 2.21%.
October 5 -
Community bankers say that reclassifying "reciprocal deposits" as a less risky type of deposit will help them to compete with large banks. Some deposit brokers are crying foul, arguing that the proposed legislation would put them at a competitive disadvantage. Observers, meanwhile, say the bill is so narrowly written that it would hardly affect competition.
October 5 -
The $20 billion-asset Iberiabank said in a press release Wednesday that it invested $1.5 million for a less than 5% stake in Liberty Financial Services in New Orleans.
October 5 -
Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it.
October 5 -
First Bancorp in San Juan, Puerto Rico, has added a managing director from a New York private equity firm to its board.
October 5 - Virginia
Xenith Bankshares in Richmond, Va., had added a former chief executive of Amalgamated Bank to its board.
October 5 -
Popular Inc. in San Juan, Puerto Rico, will take a $55 million hit to third-quarter earnings after its bank lost an arbitration battle with the Federal Deposit Insurance Corp.
October 5 -
Dollar Bank in Pittsburgh ended a 32-year break from acquisitions earlier this year. It didnt take nearly that long for the $7.4 billion-asset mutual to announce its next deal.
October 5 -
First Community Bancshares in Bluefield, Va., has sold four insurance offices.
October 5 - Wisconsin
First Business Financial Services in Madison, Wis., is looking for a new leader for its bank.
October 5 -
The state of Washington halts a plan to update its 15-year-old member business loan rule while the federal regulation undergoes a legal challenge from the Independent Community Bankers of America.
October 5 -
There were bound to be growing pains in the friendship between banks and fintech. Bankers plugged into the world of innovation give their advice on overcoming the challenges.
October 5 -
First Foundation in Irvine, Calif., has agreed to buy a pair of branches from Pacific Western Bank in Beverly Hills, Calif.
October 4 -
Medallion Bank in New York has sold its asset-based lending division to an unnamed buyer.
October 4



